FreightCar America(RAIL)

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Freightcar America (RAIL) Earnings Expected to Grow: Should You Buy?
ZACKS· 2025-04-28 15:05
Freightcar America (RAIL) is expected to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended March 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 5 ...
FreightCar America, Inc. Announces Orders of 1,250 Railcars Valued at $141 Million
Globenewswire· 2025-04-24 21:05
Core Insights - FreightCar America received total orders valued at approximately $141 million for 1,250 railcars during Q1 2025, indicating strong demand and market share gains [1][2] - The company captured approximately 25% of all new railcars ordered in the quarter and 36% in its addressable market, marking the largest market share intake in 15 years [2] Company Performance - The sustained customer interest is particularly noted in gondolas, open-top hoppers, and covered hopper cars, which are integral to the company's diverse railcar portfolio [3] - The company's manufacturing agility and operational efficiency are highlighted as competitive strengths that enable it to capture market opportunities [3] Market Context - Railcars sold by FreightCar America in North America are not subject to tariffs due to compliance with the United States-Mexico-Canada Agreement, which is monitored by the company [3] - The company has a long-standing reputation since 1901 for building quality railcars that are critical to economic growth and the North American supply chain [4]
FreightCar America, Inc. To Release First Quarter 2025 Results On May 5, 2025
Globenewswire· 2025-04-21 20:15
CHICAGO, April 21, 2025 (GLOBE NEWSWIRE) -- FreightCar America, Inc. (NASDAQ: RAIL), a diversified manufacturer of railroad freight cars, today announced that it will release its first quarter 2025 financial results on Monday, May 5, 2025, after the market close and host a teleconference to discuss its first quarter 2025 results on the following day. Teleconference details are as follows: May 6, 202511:00 a.m. Eastern Daylight TimePhone: 1-877-407-0789 or 1-201-689-8562Webcast access at: www.freightcarameri ...
Freightcar America (RAIL) Surges 5.1%: Is This an Indication of Further Gains?
ZACKS· 2025-03-26 09:41
Company Overview - Freightcar America (RAIL) shares increased by 5.1% to close at $6.87, following a significant trading volume, despite a 19.5% loss over the past four weeks [1] - The company reported a 56% year-over-year growth in revenues for 2024, indicating strong performance and successful entry into the tank car segment [2] Earnings Performance - For the upcoming quarterly report, Freightcar America is expected to post earnings of $0.20 per share, reflecting a remarkable year-over-year increase of 900%, while revenues are projected to be $124.92 million, down 22.4% from the previous year [3] - The consensus EPS estimate has been revised 20% higher in the last 30 days, suggesting a positive trend that may lead to price appreciation [4] Industry Context - Freightcar America operates within the Zacks Transportation - Equipment and Leasing industry, where another company, Ryder (R), has seen a 0.2% decrease in its stock price, with a return of -9.1% over the past month [4] - Ryder's consensus EPS estimate remains unchanged at $2.40, representing a 12.2% increase from the previous year [5]
FreightCar America(RAIL) - 2024 Q4 - Earnings Call Transcript
2025-03-13 21:20
FreightCar America, Inc. (NASDAQ:RAIL) Q4 2024 Earnings Conference Call March 13, 2025 11:00 AM ET Company Participants Chris O'Dea - IR, Riveron IR Nick Randall - President and CEO Matthew Tonn - CCO Mike Riordan - CFO Conference Call Participants Mark Reichman - Noble Capital Markets Brendan McCarthy - Sidoti & Company Operator Greetings, and welcome to FreightCar America's Fourth Quarter and Full Year 2024 Earnings Conference Call. At this time, all participant lines are in a listen-only mode. For those ...
FreightCar America(RAIL) - 2024 Q4 - Earnings Call Transcript
2025-03-13 21:38
Financial Data and Key Metrics Changes - For the full year 2024, the company achieved revenues of $559.4 million, representing a 56% growth over the prior year [30] - Adjusted EBITDA for the full year was $43 million, reflecting a 114% increase from 2023 [31] - Adjusted net income for the full year was $24.5 million, or $0.15 per diluted share [32] - The company generated $44.9 million in operating cash flow and $21.7 million in adjusted free cash flow [40] Business Line Data and Key Metrics Changes - The company secured orders totaling 4,245 railcars valued at approximately $447 million for the full year [22] - The backlog at year-end was 2,797 units valued at approximately $267 million [24] - The company maintained a leading position in open-top hoppers and expanded its presence in covered hoppers and tank cars [12][23] Market Data and Key Metrics Changes - The company achieved a 21% share within its addressable market segments and captured approximately 12% of the total railcar market [25] - Overall industry railcar deliveries were steady at roughly 42,000 units, with order activity totaling around 25,000 units, below typical replacement demand [24] Company Strategy and Development Direction - The company aims to drive continued growth and enhanced cash generation through disciplined financial management and operational excellence [20] - The strategic focus includes expanding into the tank car segment and maintaining a strong capital structure [10][12] - The company is well-positioned to capitalize on emerging opportunities and maintain market share despite industry headwinds [11][19] Management's Comments on Operating Environment and Future Outlook - Management acknowledged ongoing uncertainty surrounding tariffs but emphasized the resilience of the railcar sector [13][19] - The company expects deliveries between 4,400 to 4,900 railcars in 2025, with revenues projected between $530 million and $595 million [43] - Management remains optimistic about inquiry levels and customer engagement, indicating readiness to convert inquiries into orders [75][78] Other Important Information - The company redeemed all outstanding preferred shares to strengthen its balance sheet, resulting in approximately $9.2 million in cost savings [10] - A new $35 million asset-based revolving credit facility was established to provide working capital flexibility [35] - The company is preparing for a tank car retrofit program, with capital expenditures expected to be in the range of $5 million to $6 million for 2025 [41][82] Q&A Session Summary Question: Can you elaborate on the fourth-quarter product mix and its impact on 2025? - Management noted that while there is variation in average selling price, the focus remains on driving EBITDA growth despite revenue fluctuations [48][49] Question: How is FreightCar America positioned relative to competitors regarding potential tariff actions? - Management expressed confidence in the company's agility and ability to respond to market conditions, emphasizing the essential nature of rail transportation [54][55] Question: Can you quantify the timing issue that might push some deliveries to 2025? - Management clarified that the timing was due to normal transit times and not significant delays [67] Question: What factors contribute to the variance between delivery growth and revenue growth in 2025 guidance? - Management explained that the variance is due to differences in average selling prices across various railcar types [69][71] Question: What is the addressable market for tank car retrofit orders? - Management refrained from providing specific market size but indicated readiness to meet customer inquiries for conversion work [81]
FreightCar America(RAIL) - 2024 Q4 - Earnings Call Presentation
2025-03-13 19:58
Investor Presentation March 2025 Disclosures Forward-Looking Statements This presentation contains statements relating to our expected financial performance, financial condition, and/or future business prospects, events and/or plans that are "forward-looking statements" as defined under the Private Securities Litigation Reform Act of 1995. Forward-looking statements represent our estimates and assumptions only as of the date of this presentation. Our actual results may differ materially from the results des ...
FreightCar America(RAIL) - 2024 Q4 - Annual Report
2025-03-12 20:24
(State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 125 S. Wacker Drive, Suite 1500, Chicago, Illinois 60606 Delaware 25-1837219 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 000- ...
FreightCar America(RAIL) - 2024 Q4 - Annual Results
2025-03-12 20:21
Exhibit 99.1 Press Release FreightCar America, Inc. Reports Fourth Quarter and Full Year 2024 Results Reports full year Revenue up 56% with Gross Profit up 60% Generates full year Operating Cash Flow of $45 million and Adj. Free Cash Flow of $22 million Projecting sequential growth across Deliveries, Revenue and Adj. EBITDA for 2025 CHICAGO, March 12, 2025 – FreightCar America, Inc. (NASDAQ: RAIL) ("FreightCar America" or the "Company"), a diversified manufacturer and supplier of railroad freight cars, rail ...
FreightCar America, Inc. Reports Fourth Quarter and Full Year 2024 Results
Globenewswire· 2025-03-12 20:15
Reports full year Revenue up 56% with Gross Profit up 60% Generates full year Operating Cash Flow of $45 million and Adj. Free Cash Flow of $22 million Projecting sequential growth across Deliveries, Revenue and Adj. EBITDA for 2025 CHICAGO, March 12, 2025 (GLOBE NEWSWIRE) -- FreightCar America, Inc. (NASDAQ: RAIL) (“FreightCar America” or the “Company”), a diversified manufacturer and supplier of railroad freight cars, railcar parts and components, today reported results for the fourth quarter and full yea ...